let's bring in larry lindsey currently president and ceo of the lindsey group. guy adami is still with me larry, welcome to you. >> great to be here. thanks for having me >> you said you didn't think the fed should raise rates in december they went ahead and did it anyway now a lot of commentary where they seem to be saying we're going to be flexible about the balance sheet. we'll make sure we don't go too far, too fast. what do you think is the right thing for them to do here? >> well, the fed's mandate is inflation and unemployment i.e., things get too weak and they should probably be cutting rates and there what they have to focus on is the unemploymenteraunemploy menment rate they have raise rates when it's a threat they're not supposed to raise rates just because the economy is growing too fast and they're not supposed to raise rates because too many people are working. they're supposed to raise rates if inflation is going up and inflation is below their 2% target, and it is falling. and any technician will tell you if you break support and you are still dro